Overview
What is Bartlett Place Land Inc?
Bartlett Place Land Inc is a nonprofit organization, located in Roxbury, Massachusetts, that has secured various funding sources to initiate the development of two parcels of land. Their mission involves creating mixed-use projects, integrating affordable mixed-income rental and for-sale housing, commercial rental spaces, and public open spaces. One of their current projects, a mid-rise building at Bartlett Place, is under construction and will contribute 50 new job opportunities to the local workforce by establishing an independent, locally-owned grocery store offering fresh, healthy, and locally-sourced foods.
Is Bartlett Place Land Inc legitimate?
Bartlett Place Land Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bartlett Place Land Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Bartlett Place Land Inc?
Bartlett Place Land Inc's mission is centered around the development of mixed-use projects. These projects aim to combine affordable mixed-income rental and for-sale housing, commercial rental spaces, and public open spaces. The company's goal is to contribute to the community by creating living and working environments that are inclusive and beneficial for various income groups. They have secured funding to initiate development on two parcels of land. The first project, a mid-rise building at Bartlett Place, is currently under construction. Upon completion, this building will provide employment opportunities for local workers at a locally-owned grocery store, featuring fresh, healthy, and locally-sourced foods.
Who is the CEO of Bartlett Place Land Inc?
N Paul Tonthat is the Board President of Bartlett Place Land Inc.
What is the revenue of Bartlett Place Land Inc?
Bartlett Place Land Inc's revenue in 2021 was $357,748.
Who are the executives of Bartlett Place Land Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Bartlett Place Land Inc?
Bartlett Place Land Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Bartlett Place Land Inc
Bartlett Place Land Inc, a development company, is dedicated to creating mixed-use projects that blend affordable mixed-income rental and for-sale housing, commercial rental spaces, and public open spaces. The organization's mission is to develop such integrated projects, aiming to contribute to the community's overall development. Bartlett Place Land Inc believes in the power of such projects to positively impact the local economy by creating job opportunities and providing a mix of living and commercial spaces. The company has been successful in securing various funding sources to commence development on two parcels. Currently, construction on a mid-rise building at Bartlett Place is underway, which is set to generate 50 new permanent jobs for local workers at an independent, locally-owned grocery store offering fresh, healthy, and locally-sourced food items.
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Impact
October, 2024
Bartlett Place Land Inc is profoundly impacting the Roxbury community by spearheading the development of mixed-use projects that blend affordable housing, commercial rental spaces, and public open areas. The ongoing construction of the first mid-rise building at Bartlett Place will create 50 permanent jobs for local workers, particularly through the establishment of an independent grocery store focused on offering fresh, healthy, local foods. This initiative not only enhances access to nutritious options for residents but also fosters economic growth and community well-being. By integrating affordable mixed-income housing and commercial developments, Bartlett Place contributes significantly to community improvement, promoting inclusivity and sustainability in urban living.
This information is meant to be a general summary of Bartlett Place Land Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: -$676,417
- Program Service Revenue: $946,779
- Gross Receipts: $1,034,193
Assets and Liabilities:
- Total Assets: $22,793,078
- Total Liabilities: $23,184,812
- Net Assets: -$391,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$946,779
Organization Details
Founding Year
2010
Phone
(617) 427-3599Principal Officer
N Paul Tonthat
Main Address
PO BOX 190939, ROXBURY, MA, 02119
NTEE Category
Code: S11 - Community improvement
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